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Concept concept tracking | NVIDIA H20 chip faces trade restrictions. Institutions are bullish on the rise of domestic computing power (with related stocks attached).
The collaboration between ASIAINFO TECH and Alibaba Cloud is based on both parties' deep accumulation in the field of large models.
Hong Kong Stock Market Midday Review | All three major Indexes rose, with the Technology Index increasing by 2.3%; tech and tea beverage stocks surged, with Kuaishou and Alibaba rising over 3%, and Mx Group rising over 7% to reach a new high.
Network Technology stocks rose, NTES-S increased by 3.90%, KUAISHOU-W rose by 3.39%; Mobile Game stocks climbed, XD INC increased by 6.37%, NTES-S rose by 3.90%; Sporting Goods stocks performed well, XTEP INT'L increased by 3.61%, YUE YUEN IND rose by 3.53%.
Hong Kong stock movement | ASIAINFO TECH (01675) rises nearly 6% in the afternoon as pure profit in the second half exceeds expectations. Institutions are bullish on the rapid growth of AI large model delivery.
ASIAINFO TECH (01675) has risen nearly 6% in the afternoon, as of the time of writing, it is up 5.79%, trading at 8.96 Hong Kong dollars with a transaction volume of 56.362 million Hong Kong dollars.
ASIAINFO TECH: ANNUAL REPORT 2024
ASIAINFO TECH (1675.HK): Performance under pressure in 2024, driven by AI intelligence, will recover growth in 2025.
Due to traditional BSS and factors like risk control in vertical fields, the company's performance will be under pressure in 2024. In 2024, the company achieved revenue of about 6.646 billion yuan, a year-on-year decrease of 15.8%. Among them, traditional BSS and others.
5G private networks, large model delivery, and intelligent operation, these three new engines strengthen ASIAINFO TECH (01675) in its second growth curve.
In the wave of booming digital economy and deep transformation in the Communications Industry, as one of the key participants in the industry, ASIAINFO TECH continues to uphold long-term value fundamentals and accumulates momentum for a new round of growth.